Across
- 2. a type of loan that you can borrow and pay back and keep borrowing and paying back
- 4. a business that loans money to people
- 7. the original amount of money you borrow
- 10. the extra amount of money or interest the bank charges you for borrowing money
- 11. a type of loan where the payments are the same each month
Down
- 1. this is a type of loan that has no collateral tied to it
- 3. a type of loan where the interest rate can change at any time
- 5. someone who promises to pay on the loan if the borrower fails to pay
- 6. this is a type of loan that has collateral tied to it
- 8. a loan that is used to purchase a house
- 9. when the interest rate on the loan stays the same